$INJ #INJ As of February 20, 2025, the price of Injective (INJ) is around $15.04 USD.

Fundamental Analysis: Injective Protocol is a decentralized finance (DeFi) platform that offers permissionless cross-chain trading, including features such as margin trading and derivatives. The use of the Proof-of-Stake (PoS) consensus mechanism improves scalability and energy efficiency, making it an attractive option for traders and developers. The increased adoption of this platform could contribute to the appreciation of the INJ token in the future.

Technical Analysis: Recent technical analysis shows that the price of INJ is currently in a bearish trend. The signals given by the moving averages indicate a downward trend, although neutral signals from the short-term moving averages could indicate a potential slowdown in this bearish trend. In addition, indicators such as the RSI and MACD show market momentum that traders should pay attention to.

Trading Volume: INJ’s daily trading volume reaches IDR1.59 trillion, with a market capitalization of around IDR22.99 trillion. This significant trading volume reflects the high interest and liquidity in the INJ token across various exchanges.

Price Prediction: INJ price predictions vary based on different analyses. Some sources predict the price of INJ to reach $26.4 by the end of 2025 and $40.59 by the end of 2029. Meanwhile, other sources project the price of INJ to reach $16.23 in 2026 and $22.43 in 2031. Please note that these predictions are speculative and are influenced by various dynamic market factors.

Conclusion: Although Injective Protocol’s fundamentals show potential for growth, the current technical analysis indicates a bearish trend. Investors are advised to consider various analyses and conduct in-depth research before making any investment decisions, given the high volatility of the crypto market.